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Home Fashion Quibi staff ‘fuming’ over Reese Witherspoon’s big payday as it reportedly faces...

Quibi staff ‘fuming’ over Reese Witherspoon’s big payday as it reportedly faces layoffs; company denies report

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Quibi staffers are reportedly up in arms over Reese Witherspoon’s latest raking in of $6 million for her narration of considered one of its reveals whereas workers of the streaming service are dealing with layoffs, an allegation the company denied Wednesday.

The platform launched in April, with Witherspoon lending her voice to “Fierce Queens,” a documentary sequence produced by BBC that showcases the exceptional talents of feminine animals from all over the world.

However insiders claimed to Page Six that the sequence hasn’t carried out effectively and Witherspoon’s big payday is difficult to swallow as workers’ futures on the company are unknown.

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Reese Witherspoon attends the 2020 Vanity Fair Oscar Party hosted by Radhika Jones at Wallis Annenberg Center for the Performing Arts on Feb. 9, 2020 in Beverly Hills, Calif.

“Quibi may have to implement cutbacks and people are fuming that stars like Reese got paid millions,” one supply instructed the outlet.

The insider claimed that Quibi has already scaled again time beyond regulation for its “lowest-level staffers,” whereas others have already been let go “quietly.”

“The mood is dark,” the supply added.

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Nonetheless, a supply acquainted with the scenario instructed Fox Information that Witherspoon’s payday was “far, far, far less” than $6 million.

In the meantime, Quibi mentioned the report was “completely inaccurate” and “the talent compensation was utterly inaccurate,” as effectively as denied shedding staff “as a part of cost-saving measures” in a company memo obtained by Fox Information on Wednesday. The company mentioned within the memo its senior management group has “volunteered to take a 10 percent pay cut because it’s the right thing to do.”

Quibi was launched by former Disney government Jeffrey Katzenberg and Meg Whitman with an goal at commuters, as it can solely be accessed on a cellular gadget. The entire reveals featured on the app are 10 minutes or much less. The outlet mentioned the streaming service has already dropped off of Apple’s High 200 apps checklist.

Katzenberg instructed The New York Times in Could that the platform’s disappointing launch was because of the coronavirus pandemic.

“It’s not up to what we wanted,” he mentioned of the numbers final month. “It’s not close to what we wanted.”

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It was reported in March that Witherspoon’s husband, Jim Toth, left his long-standing profession as an agent at CAA to affix Quibi as its head of content material acquisitions and expertise.

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